Hyperbolic discounting explains why the French are revolting over Macron’s fuel tax December 12, 2018 Economists have long argued that an effective way of reducing carbon emissions is by increasing taxes on energy consumption. This year’s Nobel laureate, Bill Nordhaus, advocated a global carbon tax over 40 years ago. The scientific logic is impeccable. But the practical politics of it are fraught with difficulties. To say that energy taxes, and [...]
Fire May, or her zombie deal will come back to haunt us all December 12, 2018 The withdrawal agreement is dead. Like that famous Norwegian Blue parrot of Monty Python legend, it has simply ceased to be. Its death was not achieved by a humiliating massive vote against it, but, in that cack-handed way only Theresa May manages to finesse, by it never facing a vote at all. It died through lack [...]
Bad news in the boardroom swerved by Nissan’s UK brand December 12, 2018 This week Carlos Ghosn, one of the world’s most powerful and influential automotive executives, remains in jail on suspicion of financial misconduct. It emerged in early November that Ghosn had left his role as Nissan chairman following allegations that he had under-reported his pay packet. Since 2010, Japanese firms have been required to disclose salaries [...]
Hong Kong horse racing tips: Gentle Breeze enough for Poon to blow rivals away December 11, 2018 CROWDS in Hong Kong will be overjoyed to see their favourite man Joao Moreira back in action in Hong Kong, especially with expensive Christmas festivities coming up. The Magic Man returns to the city after a three-month absence in Japan and will ride primarily as stable jockey for champion trainer John Size till the end [...]
Hong Kong horse racing tips: Complacency not an issue for Teetan at Happy Valley December 11, 2018 SHA TIN racecourse can rightly be proud of the show it put on for the Longines Hong Kong International Races, with millions of viewers combined watching at the track or on television. Not only did organisers provide top-class entertainment for the 97,000 visitors, they also excelled with high-end facilities of which any country would have been [...]
Stop making millennials the butt of the joke if you want to market to them December 11, 2018 Millennials are one of the most maligned of any of the generational cohorts. When not branded as “snowflakes” or accused of indulging in too much self-care, they are routinely blamed for all manner of problems such as the death of the high street or falling interest in the package holiday. Of course brands – many [...]
Opinion: Tech hubs, new transport, and space near the city centre – why Birmingham is a smart place to buy property December 11, 2018 Birmingham continues to hit the headlines at the moment, with several factors converging to make investment in residential property particularly attractive right now in the UK’s second largest city. Everyone’s heard of the HS2 transport infrastructure, which is lined up to connect the city to London in 49 minutes. But HS2 also shifts the conceptual [...]
The risks and opportunities of doing business with China December 11, 2018 Few doubt the enormous opportunity that exists in doing business with China, particularly as the country’s external business and foreign policy, namely the Belt and Road Initiative (BRI), continues to drive economic development around the globe. However, this opportunity also brings with it very real challenges. And whether an opportunity blossoms into a round of [...]
Coca-Cola’s advertisement history is like The Good, The Bad, and The Ugly December 11, 2018 Coca-Cola's advertising resonates with millions across the world. It is renowned for being effective, entertaining and instantly recognisable, but the “Because I Can” campaign released in January proved to be a disappointment. This raised the question: what’s happened to its ad strategy? It’s time to delve into the good, the bad, and the ugly of [...]
DEBATE: Does Britain now have a Prime Minister who is in office without being in power? December 11, 2018 Does Britain now have a Prime Minister who is in office without being in power? Olivia Utley, deputy editor at TheArticle, says YES. When Theresa May became Prime Minister, she promised to be all things to all people. To Remainers, the pragmatist who would keep Brexit damage to a minimum; to Leavers, the leader who would [...]